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Nov 15, 2012
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. >> translator: egypt strongly condemns the killing. this is not acceptable. >> joining us to more is martin fletcher, correspondent for nbc news. hi, martin, what you can tell us, what's the latest? >> reporter: you mentioned that the u.n. called for an end to the violence. that didn't happen. the violence is continuing in a big way this morning. the area really is on a knife edge. israel's continuing its attacks in the gaza strip, but also very significantly for israel, targeting also the stockpiles of long range rockets that hamas has which threaten the central citizen in israel, in particular the bigger city tel aviv. so israel taking out those rocket piles from the air, also attacking from the sea. israel's army is poised at the border of gaza, reserves are being called up for a possible ground inflation of gaza, which i think nobody actually wants, but certainly a real possibility. at the same time, palestinian rocket attacks from gaza into israel are also continuing about 150 this morning, most of the israelis have been intercept
. >> translator: egypt strongly condemns the killing. this is not acceptable. >> joining us to more is martin fletcher, correspondent for nbc news. hi, martin, what you can tell us, what's the latest? >> reporter: you mentioned that the u.n. called for an end to the violence. that didn't happen. the violence is continuing in a big way this morning. the area really is on a knife edge. israel's continuing its attacks in the gaza strip, but also very significantly for israel,...
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Nov 20, 2012
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cairo, egypt. stay in the middle east where relentless airstrikes and rockets continue to rain down despite talk of a cease-fire. to david lee miller in israel with the latest. >> stewart, it was a late night for diplomacy. the israeli prime minister netanyahu meeting with secretary of state hillary clinton. no announcement regarding a cease-fire. they both addressed the fact that whatever is produced has to be a lasting and just peace. meanwhile, hamas spokesman says israel has not responded to the latest cease-fire proposals and the earliest there could be any type of truce is tomorrow. meanwhile, we have seen today more rockets launched from gaza by militants. at least 130 of them -- one of the rockets landing not far from the city of jaw jerusalem. it landed in a palestinian village. also another rocket hit a building on the outskirts of tel aviv. this was the farthest rocket hit yet since this conflict got underway. it traveled some 45 miles and there were some light injuries in the tel aviv a
cairo, egypt. stay in the middle east where relentless airstrikes and rockets continue to rain down despite talk of a cease-fire. to david lee miller in israel with the latest. >> stewart, it was a late night for diplomacy. the israeli prime minister netanyahu meeting with secretary of state hillary clinton. no announcement regarding a cease-fire. they both addressed the fact that whatever is produced has to be a lasting and just peace. meanwhile, hamas spokesman says israel has not...
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Nov 19, 2012
11/12
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focusing more on cairo, egypt. that's where intense negotiations are taking place as we understand it. egypt is trying to mediate a truce between palestinian factions and israel. hamas made clear it feels it is in the driver's seat here. it says it will not lay down its arms or stop firing rockets until israel blocks on the territory. it is securing guarantees from israel lit not target hamas or any other palestinian leaders as it did on wednesday p when it killed senior member of hamas' military wing. the israelis say that it is in the driver's seat. it would not stop its aerial assault and not stop possible ground invasion unless hamas halts all rocket fire into southern israel. obviously you can imagine difficult road ahead. right now egypt is meeting with other key players in the region. including the prime minister of turkey, u.n. secretary general moon as well as the prime minister. intense negotiations to avert a ground war in the coming day. >> entire world watching. thank you very much. >>> when we come ba
focusing more on cairo, egypt. that's where intense negotiations are taking place as we understand it. egypt is trying to mediate a truce between palestinian factions and israel. hamas made clear it feels it is in the driver's seat here. it says it will not lay down its arms or stop firing rockets until israel blocks on the territory. it is securing guarantees from israel lit not target hamas or any other palestinian leaders as it did on wednesday p when it killed senior member of hamas'...
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Nov 28, 2012
11/12
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egypt, the policy of the western world was egypt by propping up mubarak to have stability, quote, unquote, was account of greenspan stability we have, that kind of pseudo moderation. things were brewing under the surface and now we pay the price after 40 years of sadat and the other fellow. so now we have to pay the price. what's going to happen? nobody knows. even the players don't know. we still don't know. i don't think it is going -- we're going to move to democracy overnight. we're going to have turmoil. i don't know what's going to happen but that's identical to the trying to eliminate overstabilization of something makes it weaker. that's what we have in egypt. >> the key message is you need volatility, you need stressors in the system, and you need companies and you need markets who can survive those stressors and thrive by them. >> exactly. we need to encourage people to take certain classes of risk. we need more small fluctuation and fewer big crises. in fact we have the exact opposite. things are smooth but with big -- >> very quickly. you said four rules. can you give them qui
egypt, the policy of the western world was egypt by propping up mubarak to have stability, quote, unquote, was account of greenspan stability we have, that kind of pseudo moderation. things were brewing under the surface and now we pay the price after 40 years of sadat and the other fellow. so now we have to pay the price. what's going to happen? nobody knows. even the players don't know. we still don't know. i don't think it is going -- we're going to move to democracy overnight. we're going...
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Nov 18, 2012
11/12
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egypt is no run by a dictator, it's run by the muslim brotherhood. should president obama put more pressure on the egyptian government, even threat tone cutoff aid to get hamas to stop firing those rockets? >> he needs to exert every kind of pressure he can to try to make sure it doesn't escalate into a full-blown war between the palestinians and the israelis. whatever that takes. the problem the israelis have is that these rockets are being fired on them from places they can't reach by flying over in the air. they are putting them in school yards where they are surrounded by school children and they are firing them from marketplace that is are crowded with people. israel has a right to protect its self. if sending ground troops in is the only way they can clean out these nests of rockets being fired at them, you know, you can't blame them for doing it. >> all right. let's turn to benghazi. both of you held closed-door hearings this week with top administration officials. and david petraeus reportedly said in these closed-door hearings that while he
egypt is no run by a dictator, it's run by the muslim brotherhood. should president obama put more pressure on the egyptian government, even threat tone cutoff aid to get hamas to stop firing those rockets? >> he needs to exert every kind of pressure he can to try to make sure it doesn't escalate into a full-blown war between the palestinians and the israelis. whatever that takes. the problem the israelis have is that these rockets are being fired on them from places they can't reach by...
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Nov 20, 2012
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to egypt and something that senator graham made clear over the weekend is to remind egypt everyone is watching their steps. >> egypt, watch what you do and how you do it. you're teetering with the congress on having your aid cut off if you keep inciting violence between the israelis and the palestinians. >> so is this a big test for morsi to prove not only that they are a partner to the united states, but an ally moving forward? >> well, they have been a treaty ally since '79. there's roughly $2 billion in aid given to egypt every year. $2 billion isn't quite what it used to be. so if this is the one piece of leverage that we have over egypt, that's not going to work. what we -- >> even in an economy that's totally failing and upside down for egypt, it's -- $2 billion is not an incentive to want to play nice? >> i don't think that it is the only factor that will get mohamed morsi to be an honest broker in the region. i think it's much -- it would be a much better bet to appeal to his sense of wanting to be a statesman. wanting to be a responsible actor, wanting to be -- to live up to
to egypt and something that senator graham made clear over the weekend is to remind egypt everyone is watching their steps. >> egypt, watch what you do and how you do it. you're teetering with the congress on having your aid cut off if you keep inciting violence between the israelis and the palestinians. >> so is this a big test for morsi to prove not only that they are a partner to the united states, but an ally moving forward? >> well, they have been a treaty ally since '79....
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Nov 16, 2012
11/12
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this is about egypt and the 1979 peace treaty. >> right. i'm going to get back to the whole issue of the spreading war. but i'm just real interested in the assessment, ambassador williamson, welcome back, that israel can just inflict massive, permanent damage on hamas and their alleged military. >> well, larry, first of all, i think it's really important to take a step back. we've been involved in a presidential election that sucked up the oxygen. hamas is a group that's recognized as a terrorist organization by the u.s. government, the israeli government and the european union, has increased shelling in areas of israel over recent weeks. they now have shelled tel aviv and 180 missiles went into southern israel. so israel for its own self-defense, its right of self-defense is organizing, rallying more reserve troops, getting ready for more permanent action. it can and should do what's necessary to protect its citizens, which means inflicting damage on hamas. >> heavy damage, deep damage. go as long as it takes. but john, given what you and
this is about egypt and the 1979 peace treaty. >> right. i'm going to get back to the whole issue of the spreading war. but i'm just real interested in the assessment, ambassador williamson, welcome back, that israel can just inflict massive, permanent damage on hamas and their alleged military. >> well, larry, first of all, i think it's really important to take a step back. we've been involved in a presidential election that sucked up the oxygen. hamas is a group that's recognized...
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Nov 18, 2012
11/12
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we have the arab spring and egypt is no longer run by a friendly dictator. but by the muslim brotherhood. leaders of the muslim brotherhood. what are the challenges for israel, and for the u.s., now? >> well, if you look at the whole foreign policy portfolio that obama is facing, not just the problem of gaza but the problem of pakistan, iran, egypt, libya is still not a stable situation. i think it only amplifies the problem that this is a really dangerous world and i think part of obama's struggle, in the coming months, and years, can he get some hold on exactly what our policies are, what is the degree of toughness that we are going to employ. because, i think that is still in doubt. >> chris: kim, let's turn to benghazi. congressional committees held a flurry of closed-door sessions this week with top administration officials. the best that you can tell, because they were close to her, what did we learn about administration actions before, during and after the attack. >> we are hearing a whole range of excuses why we had the different comments, in the beg
we have the arab spring and egypt is no longer run by a friendly dictator. but by the muslim brotherhood. leaders of the muslim brotherhood. what are the challenges for israel, and for the u.s., now? >> well, if you look at the whole foreign policy portfolio that obama is facing, not just the problem of gaza but the problem of pakistan, iran, egypt, libya is still not a stable situation. i think it only amplifies the problem that this is a really dangerous world and i think part of...
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Nov 26, 2012
11/12
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. >> for a second straight day, egypt stock market has opened in a downward spiral followed by a decree by are morsi that has plunged the country into political turmoil. on the streets for a fifth straight day, there have been clashes between pro morsi supporters and his opponents. here in the capital, one of the victims is being laid to rest after he was killed by security officials. the anger stems from a decree issued on thursday gives morsi powers that are unchecked. he essentially has the authority to legislate and that is not subject to any type of judicial review pl opponents say it amounts to a dinlg at a time tore ship and this is what they fought against two years ago. but supporters say he must take these drastic measures in order to ram home reforms being blocked that have hijacked egypt's judiciary. ross. >> all right. latest from cry row. meanwhile israeli defense minister barack has resigned, a surprise move ahead of the general election. he is going to stay on until the next administration is in place. and representatives from nearly 200 nations begin climate matt talks.
. >> for a second straight day, egypt stock market has opened in a downward spiral followed by a decree by are morsi that has plunged the country into political turmoil. on the streets for a fifth straight day, there have been clashes between pro morsi supporters and his opponents. here in the capital, one of the victims is being laid to rest after he was killed by security officials. the anger stems from a decree issued on thursday gives morsi powers that are unchecked. he essentially...
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Nov 15, 2012
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it will endanger israel's relations with egypt if they do this. but at the same time, they say it's what we have to do if we -- it may be what we have to do to achieve our goal of stopping palestinians from firing rockets inside israel. 850 rockets fired this year. >> martin, thank you for keeping us updated. you keep safe as well. >>> next here on "street signs" -- we plot out your fiscal cliff portfolio with the head of schwab advisors. >>> the big warning about energy drinks. another popular brand could be linked to multiple deaths. that story straight ahead. sometimes investing opportunities are hard to spot. you have to dig a little. fidelity's etf market tracker shows you the big picture on how different asset classes are performing, and it lets you go in for a closer look at areas within a class or sector that may be bucking a larger trend. i'm stephen hett of fidelity investments. the etf market tracker is one more innovative reason serious investors are choosing fidelity. get 200 free trades today and explore your next investing idea. >>>
it will endanger israel's relations with egypt if they do this. but at the same time, they say it's what we have to do if we -- it may be what we have to do to achieve our goal of stopping palestinians from firing rockets inside israel. 850 rockets fired this year. >> martin, thank you for keeping us updated. you keep safe as well. >>> next here on "street signs" -- we plot out your fiscal cliff portfolio with the head of schwab advisors. >>> the big warning...
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Nov 21, 2012
11/12
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it is so interesting to watch the new egypt emerge here and see what their role will be throughout this and in the future. thank you, john. >>> let's look at where the markets stand right now. it is a good checkpoint here at about two minutes past 1:00 eastern time. industrials up 48 points at 12,835 and change. nasdaq higher by .5%, 2,924. s&p up 2 1/2 points at 1 $1,390.32. gold at $1,731 an ounce. oil moving a little bit higher. the january contract at $86.97, up 22 cents. brent crude at $109.93. michelle? >>> another international note on a store out of europe that we continue to watch as well. there are reports of a deal to release emergency aid to greece could come monday. we're also learning today the european central bank is satisfied with a plan to recapitalize greek banks. that's going to be a key part of any kind of international bailout to get that country back up on its feet. >>> now to shopping an retail. of course it takes center stage this week. before we get to what retailers are hoping for, fearful of, and promising for this crucial holiday shopping season, let's look
it is so interesting to watch the new egypt emerge here and see what their role will be throughout this and in the future. thank you, john. >>> let's look at where the markets stand right now. it is a good checkpoint here at about two minutes past 1:00 eastern time. industrials up 48 points at 12,835 and change. nasdaq higher by .5%, 2,924. s&p up 2 1/2 points at 1 $1,390.32. gold at $1,731 an ounce. oil moving a little bit higher. the january contract at $86.97, up 22 cents. brent...
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Nov 20, 2012
11/12
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coming from cairo where egypt's president mohammad speaking to mourners saying egypt was passing through difficult days but there could be light at the end of the tunnel and referred to the truce that may be taking place in egypt. he said that the aggression on gaza would end on tuesday. didn't give details about that agreement. reports coming out of israel citing officials on israel radio that a truce could be announced as late as tuesday night this evening with the arrival of u.s. secretary of state hillary clinton. that's what's happening outside of gaza. here in gaza it still feels like a war footing. in the last couple of hours the iz rally israelis have warned of imminent attacks on homes and neighborhoods and forcing people to leave their cities and move into central gaza and an indication that a ground invasion may be imminent if a truce is not sealed within the next couple of hours. you can get a sense there's a great sense of fear among ordinary people of gaza that in coming hours it could go either one of two ways. people are hoping it will be a truce but there's no doubt with
coming from cairo where egypt's president mohammad speaking to mourners saying egypt was passing through difficult days but there could be light at the end of the tunnel and referred to the truce that may be taking place in egypt. he said that the aggression on gaza would end on tuesday. didn't give details about that agreement. reports coming out of israel citing officials on israel radio that a truce could be announced as late as tuesday night this evening with the arrival of u.s. secretary...
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Nov 19, 2012
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>> yeah, i mean, well, the only good thing is there's no oil in gaza, egypt or israel really. steve is saying if it's a conflagration in the entire mideast, obviously we're not energy independent yet, trying to get there. i don't think it's going to get that far. i think they're testing the political waters here and seeing how we position ourselves. >> the other issue that keeps rising for the markets is what's happening in europe. we have seen today that cypress is on the verge of running out of money. we've seen it with greece and we think at least the market collectively seems to think things have improved to the point where we are giving this breathing room. the problem is there even if the european central bank bought some time. steve why has it sat on the backburner so long? >> all they do is buy time and for the first time since the 1930s, all of these countries, most of them are raising taxes in the face of a declining economy, which is insign. japanese are doing the same thing. you know it's happening in france, 75% tax rate piling on taxes on business, capital gains,
>> yeah, i mean, well, the only good thing is there's no oil in gaza, egypt or israel really. steve is saying if it's a conflagration in the entire mideast, obviously we're not energy independent yet, trying to get there. i don't think it's going to get that far. i think they're testing the political waters here and seeing how we position ourselves. >> the other issue that keeps rising for the markets is what's happening in europe. we have seen today that cypress is on the verge of...
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Nov 15, 2012
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i think the people that we're watching right now is egypt and egypt's response to all of this. they are a gigantic country that have been a lynchpin of peace in the entire region, and they have a new mohammed muslim brotherhood, brand-new democratically elected but untested government. morsi wants to be as a statesman in the region, but he hasn't faced these crises before. >> thank you very much. we'll talk with you in the next few days on this especially. we have breaking news. moments ago eric holder announced a historic fine against bp for its role in the largest oil spill in our nation's history. bp will pay $4.5 billion for the deadly disaster in the gulf of mexico. the company will also plead guilty to a dozen felony charges including misconduct for the death of the 11 men who died in that explosion that triggered the oil spill. two employees also face manslaughter charges, and just moments ago, attorney general holder says this case is far from over. >> i want to be really absolutely clear that today's resolution does not, does not mark the end of our efforts. in fact, o
i think the people that we're watching right now is egypt and egypt's response to all of this. they are a gigantic country that have been a lynchpin of peace in the entire region, and they have a new mohammed muslim brotherhood, brand-new democratically elected but untested government. morsi wants to be as a statesman in the region, but he hasn't faced these crises before. >> thank you very much. we'll talk with you in the next few days on this especially. we have breaking news. moments...
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Nov 17, 2012
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not long after, air raid sirens went off in jerusalem, and egypt sends its prime minister to the gaza strip in a show of solidarity with the -- and did general petraeus pull a 180 degree turn in testimony today? in september he said it was videos and spontaneous demonstrations. today he said the cia knew all along it was a terrorist attack in libya. this story gets worse and worse, more and more complicated and we are going to parse through it. first up, with the fiscal cliff only 45 short days away, are we facing a stalemate or is there a new kissy huggy era coming to washington, d.c.? we've got two kissy huggy cnbc contributors. jared bernstein, former vice president, biden chief economist, and kissy huggy jim pethokoukis of the american enterprise institute. jimmy p., i love this new washington picture. and i don't want to be pessimistic. i want to be optimistic. maybe they can make a deal. but here's what i worry about, jimmy. here's what i fear. the republicans are conceding that they'll give a revenue -- a tax revenue portion by limiting deductions. but i don't see any spending
not long after, air raid sirens went off in jerusalem, and egypt sends its prime minister to the gaza strip in a show of solidarity with the -- and did general petraeus pull a 180 degree turn in testimony today? in september he said it was videos and spontaneous demonstrations. today he said the cia knew all along it was a terrorist attack in libya. this story gets worse and worse, more and more complicated and we are going to parse through it. first up, with the fiscal cliff only 45 short days...
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Nov 21, 2012
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this apparently was egypt's idea and secretary clinton congressmened mohammed morsi on what he has done, the constructive involvement he's had in this process, essentially brokers where they are now. but important to note this is a cease fire. it goes into effect in an hour and 20 minutes, but this is not a comprehensive deal. this doesn't address a lot of palestinian concerns about the blockade or their quality of life or for the israeli's safety and security in the future about these rockets that have been coming out of gaza. >> comes on a day obviously when we were looking at pictures of that bus bombing in h tel aviv. >> exactly. that's incredibly disconcerting for the people of this city. tas scene they've been many times before, but there hasn't been a bus bomb ng israel since 2004 or a terrorist attack since 2006 and seeing that scene on the ground today will be all too familiar for people. the problem is instead of rockets coming in, you're talking about people among us attacking us, it is a very disconcerting proposition, but those two events, the cease fire and this bomb this
this apparently was egypt's idea and secretary clinton congressmened mohammed morsi on what he has done, the constructive involvement he's had in this process, essentially brokers where they are now. but important to note this is a cease fire. it goes into effect in an hour and 20 minutes, but this is not a comprehensive deal. this doesn't address a lot of palestinian concerns about the blockade or their quality of life or for the israeli's safety and security in the future about these rockets...
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Nov 22, 2012
11/12
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into the tunnels through egypt. that is not new. the nearly three years that i was there, that was a constant subject of discussion and controversy. this is a vast territory, much of it desert. not well policed and governed. a lot of competing local interests. those are contrary to those in some cases here. egypt is under taking a major role here and how they are able to succeed in that goes a long way to how the process goes forward. >> this may be a dumb question, when you are in these rooms, is there yelling or arguments or is it calm and rational? >> in my case, almost all of the di discussions were with one side at a time. there were few occasions of raised voices. the two did not come together. when we did have the brief meeti meetings between the prime men ster and the president, they were tense and straight forward. they made their points both sides. it will be some time before you get a representative in the same room. tough enough to get them in the same room with the palestinian authority which i say is c
into the tunnels through egypt. that is not new. the nearly three years that i was there, that was a constant subject of discussion and controversy. this is a vast territory, much of it desert. not well policed and governed. a lot of competing local interests. those are contrary to those in some cases here. egypt is under taking a major role here and how they are able to succeed in that goes a long way to how the process goes forward. >> this may be a dumb question, when you are in these...
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Nov 21, 2012
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. >>> hillary clinton joins egypt in attempting to broke aerodeal between israel and hamas. strikes on gaza and rocket attacks into israel continue. >> you're watching "worldwide exchange," bringing you business news from around the globe. >>> all right, we're into hump day, the day before thanksgiving, of course, as well. on today's show, we'll have updates from athens and brussels as the eurozone ministers fail to ruse a deal for greece. air strikes and rocket fire continue in the gaza strip in tel aviv, as hillary clinton urges both sides to diffuse violence. we'll have the latest live from zree israeli. we'll also take the pulse of the polish country. analysts from warsaw 40 minutes from now. >>> we'll be in providence, rhode island, to preview travel ahead of the thanksgiving holiday with the head of operations at peter pan bus lines. >>> but first, after nearly 12 hours of talks, eurozone finance ministers have failed in their quest to agree conditions that would have allowed the next chance of bailout cash going to greece. what's next? what's gone wrong? we'll be join
. >>> hillary clinton joins egypt in attempting to broke aerodeal between israel and hamas. strikes on gaza and rocket attacks into israel continue. >> you're watching "worldwide exchange," bringing you business news from around the globe. >>> all right, we're into hump day, the day before thanksgiving, of course, as well. on today's show, we'll have updates from athens and brussels as the eurozone ministers fail to ruse a deal for greece. air strikes and...
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Nov 17, 2012
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egypt's new president is promising a full investigation. the country has a history of tragic train accidents. >>> two workers disappear affidavit an explosion in an oil rig in the gulf of mexico. it happened friday about 25 miles off the louisiana coast. no oil was spilled from the well. the rig is owned by black elk energy. four other workers are in critical condition. >>> and in missouri, police say a 20-year-old man is under arrest, accused of planning a mass shooting at a sunday night showing of the "twilight" move. police say his mother called authorities, afraid that her son had bought two rifles similar to the ones use in the colorado theater shooting. police say lammers admitted to that plan. >>> more on the developing situation in the middle east. could there be a ceasefire in the works, one that would include a guarantee from i that it would l not resume assassinations of high-ranking palestinian leaders and a ceasing of rockets from gaza? earlier on msnbc, the chief spokesman for prime minister netanyahu was skeptical of a truce.
egypt's new president is promising a full investigation. the country has a history of tragic train accidents. >>> two workers disappear affidavit an explosion in an oil rig in the gulf of mexico. it happened friday about 25 miles off the louisiana coast. no oil was spilled from the well. the rig is owned by black elk energy. four other workers are in critical condition. >>> and in missouri, police say a 20-year-old man is under arrest, accused of planning a mass shooting at a...
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Nov 14, 2012
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we saw egypt pull the ambassador from israel. and this is not the normalal lobbing missiles back and forth. this is something very different. i bought oil on this. i bought rent oil and that is the way to play it. >> what are other plays? >> i was surprised oil didn't give us more. this was a meager response when there is a box in syria and we are not seeing a bid to oil and commodities. cftc longs in the commodity space are three-month lows. copper is a space i want to sniff around. >> house speaker boehner is speaking responding to the president. >> united and focusing on their top priority which is jobs. i'm proud of my leadership colleagues who have been elected today to serve as our leaders of the next conference. while we have some of us returning to the leadership we have new members. and you will get to hear from them in a moment. our majority is a primary line of defense for the american people against the government that spends too much, borrows too much and left unchecked. i have outlined a framework for how both parti
we saw egypt pull the ambassador from israel. and this is not the normalal lobbing missiles back and forth. this is something very different. i bought oil on this. i bought rent oil and that is the way to play it. >> what are other plays? >> i was surprised oil didn't give us more. this was a meager response when there is a box in syria and we are not seeing a bid to oil and commodities. cftc longs in the commodity space are three-month lows. copper is a space i want to sniff...
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Nov 16, 2012
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on the other hand, the president of egypt has made clear he doesn't want to throw over the israel/egypt peace agreement. how far can he go in supporting hamas without getting rid of that agreement or undermining it in a fundamental way? i expect him to go quite far. >> do you think the election affected the timing of this. did hamas step up its attacks to test the obama administration? did netanyahu act waiting for romney to be elected and not seeing that. >> it's hard to know. i can't get quite in their heads. in that part of the world they're aware of the american political calendar, as everyone is, and there is a sort of freezing of decision making in this period leading up to an american election. let's face it, a president romney would have been a very different approach. >> and probably preferred by netanyahu. >> it's seen that way. paezble to that hamas is testing -- had waited to test until now. the truth is that the arab spring has many, many positive qualities for us in the west. the possibility that the people in that part of the world will be connected with their leadership.
on the other hand, the president of egypt has made clear he doesn't want to throw over the israel/egypt peace agreement. how far can he go in supporting hamas without getting rid of that agreement or undermining it in a fundamental way? i expect him to go quite far. >> do you think the election affected the timing of this. did hamas step up its attacks to test the obama administration? did netanyahu act waiting for romney to be elected and not seeing that. >> it's hard to know. i...
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Nov 21, 2012
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egypt? >>guest: from egypt. that is the positive aspect, the united states saying to egypt you are responsbile. can we talk iran? that is a question we will have to see. time will tell. egypt now has the ability to come to the global stage and we are making them true to them selves. >>trace: everyone is asking, one hour into the cease-fire, how long will it last? >> more ahead on the crisis in the middle east. well look at the united states role in the negotiations. after five months on medical leave, this is now breaking, a federal investigation underway congressman jesse jackson is stepping down. the reaction in washington, dc, is next. we use this board to compare car insurance rates side by side so you get the same coverage, often for less. that's one smart board. what else does it do, reverse gravity? [ laughs ] [ laughs ] [ whooshing ] tell me about it. why am i not going anywhere? you don't believe hard enough. a smarter way to shop around. now that's progressive. call or click today.
egypt? >>guest: from egypt. that is the positive aspect, the united states saying to egypt you are responsbile. can we talk iran? that is a question we will have to see. time will tell. egypt now has the ability to come to the global stage and we are making them true to them selves. >>trace: everyone is asking, one hour into the cease-fire, how long will it last? >> more ahead on the crisis in the middle east. well look at the united states role in the negotiations. after five...
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Nov 19, 2012
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will not abide by anything unless hamas agrees to stop firing rockets and hand over the weapons to egypt and hold the egyptian government responsible for hamas abide big the truce. so it is not about what both sides don't want, because they both want to avoid war, but what they want to come out of this appearing victorious or at least gained within their own political frameworks, and this is what is difficult for the egyptian media to bring these two sides together. >> thank you, so much from gaza. be safe. >>> and now to the middle east where president obama is now in cambodia, the third and the final stop on a multiday and multicountry tour. the president arrived in cambodia at 5:00 a.m. eastern time, and becoming the first sitting u.s. president to visit there. while in cambodia, the president is going to be meeting with a leaders at a dinner of the asian summit. and yesterday he made a historic meeting in myanmar where he met with parliament elected leader aun san suu kyi. >> this is not an endorsement of the burmese government, but it is an acknowledgment that there is a process und
will not abide by anything unless hamas agrees to stop firing rockets and hand over the weapons to egypt and hold the egyptian government responsible for hamas abide big the truce. so it is not about what both sides don't want, because they both want to avoid war, but what they want to come out of this appearing victorious or at least gained within their own political frameworks, and this is what is difficult for the egyptian media to bring these two sides together. >> thank you, so much...
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Nov 19, 2012
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and they have been very clear that egypt has a relationship, they have the credibility and influence in the region to push hamas to stop the attacks. now, there is also a fair amount of funding being held up in washington right now that the egyptians need very immediately. remember, they weren't just one of the top recipients of foreign aid. they have a funding crisis. they have literally been to the point where they have had problems paying bills. so there is some immediate leverage to gets them to act immediately. whether that ends up being effective or not is another question. >> schieffer: well, do we think the administration-- obviously, i would guess they're advising the israelis not to invade. but what beyond that are they trying to do? is this an opening to start a-- the peace process to get it started again, david? >> bob, if-- if-- if mursi, and turkey, the key players, in working toward a cease-fire, we're likely to have a cease-fire. we'll either have a cease-fire or israeli invasion. if there is a cease-fire that is the kind of thing that can be a building block. if you
and they have been very clear that egypt has a relationship, they have the credibility and influence in the region to push hamas to stop the attacks. now, there is also a fair amount of funding being held up in washington right now that the egyptians need very immediately. remember, they weren't just one of the top recipients of foreign aid. they have a funding crisis. they have literally been to the point where they have had problems paying bills. so there is some immediate leverage to gets...
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Nov 18, 2012
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bear in mind, this is not the egypt of hosey you in barrack. the egyptian government now are muzz lum brotherhood, and israel is in a less-tenable negotiating position and they remain military strong but do they want to go in on the ground take hundreds of thousands of casualties? that they've within boehnered will cause them to lose the international support they have. it's one of those 50-50 chance things but it's looking like everybody is looking fair way out. the question is, in a region like this, is there a way out. >> schieffer: well allen pizzey, who always shows up in the worst place where's the workforce things are going on, thank you. cbs news correspondent charlie dag tais on the other side of the border in gaza. charlie, bring us up to speed. what is the situation like there. >> reporter: well, the mood here is extremely teps, and the biggest worry is this dangerous and unpredictable situation may be about to get worse. as we drove through the northern part gaza strip, we were shown a couple of bombed out buildings, and one looked
bear in mind, this is not the egypt of hosey you in barrack. the egyptian government now are muzz lum brotherhood, and israel is in a less-tenable negotiating position and they remain military strong but do they want to go in on the ground take hundreds of thousands of casualties? that they've within boehnered will cause them to lose the international support they have. it's one of those 50-50 chance things but it's looking like everybody is looking fair way out. the question is, in a region...
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Nov 26, 2012
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egypt is run by the muslim brotherhood. although the prime minister stepped in, he stepped in calling israel the aggressor. turkey has turned in another direction against israel. >> it called israel terrorist state. >> there are new challenges and i do not know which way this is going to go. >> if you look at this over the long span of the last 20 to 25 years, everything that charles says in some respects has merit. but you can onto this one step at a time -- cannot do this one step at a time. at first, israel did not want to negotiate with the plo and viewed them as the worst of the worst. now they are the better part of the equation. now they will not negotiate with hamas. hamas is being pressured from more radical elements. each time you refuse to make a deal with people you detest, there is somebody worse. the arab community is a different community, and the pressure is coming much more ardently in that direction. >> the relationship between the u.s. and israel will not change. what has changed is what colby address, an
egypt is run by the muslim brotherhood. although the prime minister stepped in, he stepped in calling israel the aggressor. turkey has turned in another direction against israel. >> it called israel terrorist state. >> there are new challenges and i do not know which way this is going to go. >> if you look at this over the long span of the last 20 to 25 years, everything that charles says in some respects has merit. but you can onto this one step at a time -- cannot do this...
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Nov 20, 2012
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he made this remark when he said hey, look, egypt of today is not the egypt of yesterday. the arab world of today is not the arab world of yesterday. but i think there are some real limits as well on the egyptians. one thing that we have to say since we're really beginning to talk about diplomacy, our president is in, i think, now in cambod cambodia. he has with him his secretary of state and his national security advi adviser. it's a remarkable development. when you ask, what is the role of the united states in this crisis, you are always told oh, they're on the phone. so it is phone diplomacy for the united states, and that's about all. >> reporter: ann marie slaughter, do you agree with that? should the u.s. be doing more here? >> well, at this point, it's not really clear what the u.s. can be doing because although the egyptians and the turks and the qataris all have a big incentive to see a cease-fire that lasts, and i think the u.s. does, too. none of us can want it more than the israeli and the palestinians do. you can't create a settlement unless the principles act
he made this remark when he said hey, look, egypt of today is not the egypt of yesterday. the arab world of today is not the arab world of yesterday. but i think there are some real limits as well on the egyptians. one thing that we have to say since we're really beginning to talk about diplomacy, our president is in, i think, now in cambod cambodia. he has with him his secretary of state and his national security advi adviser. it's a remarkable development. when you ask, what is the role of...
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Nov 19, 2012
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the other thing that's so different this time around is the role of egypt is completely different because the arab spring has happened. we used to kind of know where -- we knew exactly where hose any mubarak stood. >> are they a mediator? an instigator? >> i don't think they know. >> they're trying to figure out their role. i'm not trying to minimize what's going on but i think traders are using this as an excuse to bid oil prices higher. we're not at a point we're seeing evidence that you can see a cut-off in oil supplies, especially for new york oil. >> that's ultimately the question. will there be a disruption? what series of events would occur to stop the flow of oil? >> suez canal, wherever it is, we're not there yet but trading it up just in case -- >> it ignites something wider. >> our own oil market in new york trades more on our economic fundamentals and tends to follow brent, not the other way around these days. brent's been going higher. >> london brent is far more influenced than by what's going on in texas. >> you bet it is. as the oil market goes, lately, the stock market ha
the other thing that's so different this time around is the role of egypt is completely different because the arab spring has happened. we used to kind of know where -- we knew exactly where hose any mubarak stood. >> are they a mediator? an instigator? >> i don't think they know. >> they're trying to figure out their role. i'm not trying to minimize what's going on but i think traders are using this as an excuse to bid oil prices higher. we're not at a point we're seeing...
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Nov 26, 2012
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. >> let's go around the world, egypt, violence in the streets again today continuing protests after the president of egypt declared for himself a broad range of autocratic powers thursday night, the stock market in egypt opened yesterday, much of the middle east thursday is the end of their business week, the market plunged, a little bit of recovery today. speaking with sources in the banking sector they're worried whether or not the president says the powers are temporary whether he means it. >>> there's a euro group meeting today, they might eventually agree to give greece the money. the narrative stands that greece gets the money, they have to calm concerns about the imf. >>> spanish elections in the catolca catalonia win the regional elections. the stock market reacted a little bit, it would have been worse if the leader of the separatist movement had done better. let's move on to what i think is the most interesting story and could definitely affect a lot of investors who watch cnbc, argentina. during all the retail hubaloo, a federal judge in new york ordered argentina to pay
. >> let's go around the world, egypt, violence in the streets again today continuing protests after the president of egypt declared for himself a broad range of autocratic powers thursday night, the stock market in egypt opened yesterday, much of the middle east thursday is the end of their business week, the market plunged, a little bit of recovery today. speaking with sources in the banking sector they're worried whether or not the president says the powers are temporary whether he...
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Nov 23, 2012
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egypt and honduras and the philippines. the leaders of these countries must get that they are doing something wrong. >> they did it easier than in north america. the people who brought in the rule of law and property rights into the united states, the 18th and 19th century, you can't remember that. in the case of these guys, they see that they are poor relative to your wealth. it's easy for them to sycamore is the difference? they are constantly looking so they can recognize much faster. we did not realize the fact it you can determine that a piece of land went from there to year, you can also do it with a movie script. you can also do it with an idea, an invention. and certainly. all of a sudden we started seeing that people just the paper. on top of that, you build a stock market and all that leverage. get you into some kind of trouble, but without which you would not have gotten where you are today. john: property rights give us the power to prosper. thank you. we will be right back. ♪ john: all over america there are
egypt and honduras and the philippines. the leaders of these countries must get that they are doing something wrong. >> they did it easier than in north america. the people who brought in the rule of law and property rights into the united states, the 18th and 19th century, you can't remember that. in the case of these guys, they see that they are poor relative to your wealth. it's easy for them to sycamore is the difference? they are constantly looking so they can recognize much faster....
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Nov 17, 2012
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they want to test egypt and they're winning. egypt is supporting them. qatar is supporting them, turkey is supporting them. this is what's so dangerous about this. this makes the likelihood of peace in the middle east much harder and it empowers gaza and weakens the palestinian authority and i agree with nick that it would be best that the palestinians and israelis sat down and treed to work it out among themselves, but this all relates to the big picture. and you've been to syria and it's an absolute basket case. >> and it is heartbreaking. you see these middle class -- i talked to one woman who a week ago was living this middle class existence with her husband and a nice home in aleppo and a bomb destroys her house and now her husband goes missing and she's living with her family in a white tent in the middle of nowhere. this is happening day in and day out and i think the turmoil in gaza is a gift of president assad. it's a kind of distraction that he's delighted to have. >> the world in the arab community is paying more attention to 30 people being k
they want to test egypt and they're winning. egypt is supporting them. qatar is supporting them, turkey is supporting them. this is what's so dangerous about this. this makes the likelihood of peace in the middle east much harder and it empowers gaza and weakens the palestinian authority and i agree with nick that it would be best that the palestinians and israelis sat down and treed to work it out among themselves, but this all relates to the big picture. and you've been to syria and it's an...
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Nov 21, 2012
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, west bank and egypt. and it follows more than a week of cross border rocket fire exchanges between israel and hamas in gaza. now, that has left 100 people dead. joining me now from gaza is nbc news foreign correspondent amman mulhadeen. i saw you turn around and notice the night skylight up behind you. that was a minute within the cease-fire taking effect. do we know that's rocket fire coming in behind you? >> reporter: it was, in fact. it was an israeli air strike north of where we are. gaza is still very much a war zone atmosphere. although, as you mentioned, it is 9:00 local time so the cease-fire is officially in effect and hearing drones and up to the last minute as you noted but well before that, several minutes before that, a series of explosions as well as a series of rockets coming out of gaza in to southern israel and the question is whether it sticks for the rest of the night. >> obviously, everyone is watching very closely, certainly, in that region and around the world. the people living with
, west bank and egypt. and it follows more than a week of cross border rocket fire exchanges between israel and hamas in gaza. now, that has left 100 people dead. joining me now from gaza is nbc news foreign correspondent amman mulhadeen. i saw you turn around and notice the night skylight up behind you. that was a minute within the cease-fire taking effect. do we know that's rocket fire coming in behind you? >> reporter: it was, in fact. it was an israeli air strike north of where we...
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egypt loses if there's an escalation. you can argue jordan loses because there's more public pressure on the king. the palestinian authority, there will be more pressure and the winners will be hezbollah, supplying missiles to hamas, iran supplying missiles to hamas. everybody has an interest in a cease-fire and yet there is an escalation that can get out of hand. >> the arab spring led to popular uprisings in many cases changing the leadership in those countries. how do you think the arab spring affected the calculation here and what's taking place with this conflict at this time. >> hugely. think about 2008. there was a major gaza war on larger scale than this one. 1400 palestinians were killed in that three weeks of war. what happened? yes, there was public opinion pressure in the arab world. it really didn't show up in terms of government policies. mubarak, critical of israel was actually coordinating with them because he didn't want to see hamas really succeed. that's true of several other arab leaders. right now, no
egypt loses if there's an escalation. you can argue jordan loses because there's more public pressure on the king. the palestinian authority, there will be more pressure and the winners will be hezbollah, supplying missiles to hamas, iran supplying missiles to hamas. everybody has an interest in a cease-fire and yet there is an escalation that can get out of hand. >> the arab spring led to popular uprisings in many cases changing the leadership in those countries. how do you think the...
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that's the same group that took power in egypt and the group that gave birth to hamas. jordan is still ruled by king abdullah. the muslim brotherhood has made it clear they'd like him to go. >>> we got a nice rally under way here, bertha. >> nasdaq 100, qqqs are the best performers today and among the best advancers is green mountain coffee. of course this is a huge short position. some 39%. this looks a little bit like a technical rally here. the company's stock has moved above its 50-day moving average. it's been just below that over the last couple of weeks and about $1 above that now. >>> red states versus blue states. is your town a state about to fall off the fiscal cliff? steve leisman has the maps that will show us which states and counties stand to get hit the hardest by potential federal spending cuts. everything is bigger in texas. including the strategy for taking down this building. we'll show you what happened when the engineers pushed the plunger. that's next. >>> if congress drifts u.s. economy off the fiscal cliff, the department of education's 2013 bud
that's the same group that took power in egypt and the group that gave birth to hamas. jordan is still ruled by king abdullah. the muslim brotherhood has made it clear they'd like him to go. >>> we got a nice rally under way here, bertha. >> nasdaq 100, qqqs are the best performers today and among the best advancers is green mountain coffee. of course this is a huge short position. some 39%. this looks a little bit like a technical rally here. the company's stock has moved above...
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Nov 27, 2012
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this is time egypt doesn't have. there is a real interest in moving forward and creating solutions to the many problems left behind by the mubarak era. the problem throughout the region where you see changes is the deep polarization between islamic parties and secular forces and both sides deeply afraid the other side is going to create an islamic regime or take the countries that have undergone democratic transitions back into ought accuratetic rule. >> steven, you say president morsi and the muslim brotherhood after spending decades being sidelined they're terrified of losing power. beyond that, is there much clarity about their motives in recent days? >> there doesn't seem to be. the muslim brotherhood is a very opaque organization. it's decades out of power and just months in power. this seems to have been a misstep, a misjudgment. the question is, what were the motivations behind it? was it as some have suggested that morsi was feeling confident riding a wave of international approval after brokering a cease-fir
this is time egypt doesn't have. there is a real interest in moving forward and creating solutions to the many problems left behind by the mubarak era. the problem throughout the region where you see changes is the deep polarization between islamic parties and secular forces and both sides deeply afraid the other side is going to create an islamic regime or take the countries that have undergone democratic transitions back into ought accuratetic rule. >> steven, you say president morsi...
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Nov 15, 2012
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we have morsi with just basically still the new head of egypt. the muslim brotherhood does not like or respect israel at all. how do these other pieces, these leaders, new leader and leader facing election soon, factor into the whole situation? >> mercy is in a particularly vulnerable situation here. when mubarak was heading egypt, he could ignore the arab streak and the protests against israeli attacks in gaza. morsi can't do that. he's also the head of the muslim brotherhood, and hamas is a branch of muslim brotherhood. this is a very complicating factor. i mean, we should say, though, that i think morsi or anyone else in egypt is looking to start a war with the israelis. they're going to have to much more cognizant of what's going on and responsive to, again, i think a sentiment aamong the arab is that the israeli actions are unjustified. as far as netanyahu is concerned and the upcoming election, look, he's playing to a domestic constituency. every time the israelis go into gaza, they do limited damage to hamas and other limited damage to oth
we have morsi with just basically still the new head of egypt. the muslim brotherhood does not like or respect israel at all. how do these other pieces, these leaders, new leader and leader facing election soon, factor into the whole situation? >> mercy is in a particularly vulnerable situation here. when mubarak was heading egypt, he could ignore the arab streak and the protests against israeli attacks in gaza. morsi can't do that. he's also the head of the muslim brotherhood, and hamas...
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>> bob: two-state solution. >> eric: the key is egypt. clearly the key is egypt. if egypt doesn't want to keep the peace in the middle east, it doesn't. the problem is mohammed morsi is a muslim brotherhood disciple. under the charter there no state of israel. egypt right now has a big decision to make. are they with the west or going to stay with the mull las in iran -- mullahs in iran. >> bob: they have embassy in israel and recognize israel is a country. they do that. they accepted that. >> eric: they did. that >> bob: they are still there. they haven't denounced it, have they? >> greg: make a bright spot about hillary, she called it "terrorism." >> dana: how refreshing. >> greg: she called the rocket attacks terror. there is still some in the media when they discuss hamas not referring to the rockets being lobbed in to communities where there are innocent people. not referring to it as terror like it's angry tenants. what do you call it? fear of language. >> bob: keep in mind to be fair the israelis, i understand why they are bombing where they are bombing but
>> bob: two-state solution. >> eric: the key is egypt. clearly the key is egypt. if egypt doesn't want to keep the peace in the middle east, it doesn't. the problem is mohammed morsi is a muslim brotherhood disciple. under the charter there no state of israel. egypt right now has a big decision to make. are they with the west or going to stay with the mull las in iran -- mullahs in iran. >> bob: they have embassy in israel and recognize israel is a country. they do that. they...
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secretary of state hillary clinton, and egypt's foreign minister at a press conference in egypt. >> in the days ahead, the united states will work with partners across the region to consolidate this progress, improve conditions for the people of gaza, provide security for the people of israel. ultimately, every step must move us toward a comprehensive peace, for all the people of the region. >> the leader of hamas held his own press conference in cairo today, during which he said that while his side agrees to the cease-fire, his fighters have, quote, their hands on the trigger. in jerusalem, the israeli prime minister, benjamin net ya yan hew, also spoke about the cease-fire agreement. look at this. "prime minister benjamin netanyahu this evening spoke with u.s. president barack obama and acceded to his recommendation to give the egyptian cease-fire proposal a chance." he acceded to what president obama wanted. in other words, this is the american's idea, not mine, but i'm going to go along with it, because they're advising me i ought. it's very specific language, highlighting how cent
secretary of state hillary clinton, and egypt's foreign minister at a press conference in egypt. >> in the days ahead, the united states will work with partners across the region to consolidate this progress, improve conditions for the people of gaza, provide security for the people of israel. ultimately, every step must move us toward a comprehensive peace, for all the people of the region. >> the leader of hamas held his own press conference in cairo today, during which he said...
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is completely different front egypt of yesterday -- from egypt of yesterday. we will never leave gaza on its own. >> reporter: israel continues to prepare for a possible ground incursion into gaza. the country is prepar to mobilize as many as 75,000 reservists. one israeli spokesman said the military campaign will continue untilhamas begs for a ceasefire, but some analysts believe israel has not given up hope on a diplomatic solution, something, though, that seems increasingly unlikely. along the israel/gaza border, david lee miller, fox news. >>> another big story tonight, former cia director general david petraeus testified before boat the house and senate intelligence -- both the house and senate intelligence committees today about the consulate attack in benghazi, libya. petraeus testified he mentioned terrorist elements during a briefing to lawmakers days after the attack, something committee chairman peter king says he doesn't recall. >> the talking points were much more specific about al-qaeda involvement and yesterday it said indications of extremists.
is completely different front egypt of yesterday -- from egypt of yesterday. we will never leave gaza on its own. >> reporter: israel continues to prepare for a possible ground incursion into gaza. the country is prepar to mobilize as many as 75,000 reservists. one israeli spokesman said the military campaign will continue untilhamas begs for a ceasefire, but some analysts believe israel has not given up hope on a diplomatic solution, something, though, that seems increasingly unlikely....
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, but the ensuing power grab by egyptian president mohamed morsi has set off a new firestorm across egypt. we'll have the latest on that. then we'll take our annual turn to books. we'll talk about presidents past and present with the legendary bob woodward, whose latest is "the price of politics." historian doris kearns goodwin's "team of rivals" is the basis for the new "lincoln" movie. former "newsweek" editor evan thomas is the author of "ike's bluff." and jon meacham's new book is "thomas jefferson: the art of power." for fun, we'll explore the darker side of fiction with gillian flynn, author of the big bestseller, "gone girl." mystery writer david baldacci, whose new one is forgotten. david baldacci, author of "the expats," and then there is alex stone, whose "fooling houdini" tells how he chose magic over physics, and, yes, he fooled us and he'll fool you, too. how did you do that? we were all about books this morning, just like another washington shopper this weekend. >> we're going to get those. >> okay. >> schieffer: because this is "face the nation." captioning sponsored by cbs
, but the ensuing power grab by egyptian president mohamed morsi has set off a new firestorm across egypt. we'll have the latest on that. then we'll take our annual turn to books. we'll talk about presidents past and present with the legendary bob woodward, whose latest is "the price of politics." historian doris kearns goodwin's "team of rivals" is the basis for the new "lincoln" movie. former "newsweek" editor evan thomas is the author of "ike's...
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gregg: want to show you brand new pictures, clashes in egypt. the president there, muhammad morsi, giving himself far-reaching powers that no one inside the country can question, and there have been a lot of violent protests in reaction to it. critics are saying that he is putting himself, morsi, above the law, giving himself absolute immunity and others who abide by his rules as well. well, the people have taken to the streets. they don't like it one bit. and there you see just some of the pictures. the confrontation between morsi's police and the protesters. we'll have more on this in a live report next. gregg: a fresh round of violence causing new concerns about the cease-fire between israel and hamas. while the truce appears to be holding for now a deadly conflict between israeli troops and palestinian protestors combined with that fatal bus bombing is leaving some people to wonder just how long this so-called cease-fire will last. leland vittert joins us live in our jerusalem bureau. leland, what is hamas saying about all of this? >> hamas
gregg: want to show you brand new pictures, clashes in egypt. the president there, muhammad morsi, giving himself far-reaching powers that no one inside the country can question, and there have been a lot of violent protests in reaction to it. critics are saying that he is putting himself, morsi, above the law, giving himself absolute immunity and others who abide by his rules as well. well, the people have taken to the streets. they don't like it one bit. and there you see just some of the...